Feb 03 2016
An offhand comment yesterday by the CEO of a real estate investment trust that owns and manages 120 shopping malls around the country, threw the book business into a frenzy and caused B&N's share price to drop. In a conference call with investors Sandeep Mathrani, CEO of General Growth Properties said, "You've got Amazon opening brick-and-mortar bookstores, and their goal is to open, as I understand, 300 to 400."
Today, industry newsletter Shelf Awareness adds a little clarity to the situation saying:
Shelf Awareness has heard from knowledgeable people in the industry that Amazon is likely considering opening more Amazon Books stores, but that it aims to open a dozen or so stores in the next year or two, not hundreds. Presumably they would be flagship stores that, like Amazon's Seattle store, showcase a range of Amazon electronic products, including the Kindle and Fire, as well as books.
The House on Biscayne Bay
by Chanel Cleeton
As death stalks a gothic mansion in Miami, the lives of two women intertwine as the past and present collide.
The Stone Home
by Crystal Hana Kim
A moving family drama and coming-of-age story revealing a dark corner of South Korean history.
The Funeral Cryer by Wenyan Lu
Debut novelist Wenyan Lu brings us this witty yet profound story about one woman's midlife reawakening in contemporary rural China.
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